Fox Electronics sold to IDT

FORT MYERS — Integrated Device Technology, a California-based manufacturer, has acquired Fox Electronics for $30 million in cash.

Fort Myers-based Fox Electronics reported 2011 annual sales of $23 million. The company makes essential parts for electronic products ranging from cellular phones to computers.

IDT, based in San Jose, is publicly traded (symbol: IDTI; recent price: $6). For the fiscal year ending April 1, IDT reported net income of $58 million on revenues of $527 million.